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Retailing

Retailing
Latest news and features on retailing with a particular focus on Hong Kong, mainland China and Asia, covering consumer goods and services, retail strategies, shopping habits, sales results and trends.
Investment gold retailers expect to draw first-time buyers and younger savers with move to high-street shops. Photo: Shutterstock
Gold in Hong Kong

Investment gold retailers move into vacant Hong Kong high-street shops

‘We see overwhelming demand for investment gold coins and bars,’ retailer San Gold Coins’ Sophia Chen says.

Britain

Co-founder of British retailer Asos dies after falling from balcony in Thailand

China consumption

China targets foreign tourists for Lunar New Year ‘consumption feast’

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China economy

Budweiser and Heineken face polar opposite fates in China as punters stay home

Beer drinkers in China are veering away from bars and high-end restaurants, instead opting for cheaper stay-at-home options, analysts say.

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Heineken beers are becoming a popular choice for stay-at-home drinkers in China, according to the end of year sales results. China was one of the top three contributors to Heineken’s net profit in 2025. Photo: Reuters
China property

Sofa so bad: China’s home-furnishing sector hits a do-or-die stretch

Falling home prices and relentless price competition are forcing small decor firms into a battle for survival.

China economy

Strong Lunar New Year demand fuels China’s gold jewellery market

Retailers offer small discounts to spur holiday sales but are set to raise prices after the festival, as investment banks issue bullish outlooks.

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Mainland China

Sam’s Club cracks China market formula even as foreign retailers shut shop

The warehouse retailer opened 10 new stores in 2025, accelerating expansion in smaller cities like Zhangjiagang and Yangzhou.

Shoppers at Sam’s Club in Hangzhou on February 1, 2026. The retailer has introduced products catering to local tastes in the days leading up to the Lunar New Year holiday. Photo: Weibo
Hong Kong society

Curry fishball toys a hit as Hong Kong nostalgia shines at Lunar New Year fair

Vendors say locally designed Hong Kong-themed merchandise drew in customers at Victoria Park’s Lunar New Year fair.

China's economic recovery

China’s Xi prioritises ‘AI-plus’ and consumer spending to counter economic risks

Previously unreleased comments by Xi urge income growth and tech breakthroughs, potentially setting stage for measures ahead of March’s parliamentary meetings.

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Style Edit

Style Edit: Lane Crawford’s beauty rewards are gifts you’ll actually want

Elevate your self-care with Lane Crawford’s HK$8.8M Beauty Rewards Programme and redeem products from brands like Skit and Tom Ford Beauty.

Guerlain’s Tailor Made Treatment is one of the many offerings from Lane Crawford’s new beauty rewards programme. Photo: Handout
Timepieces

How these luxury watchmakers are going beyond boutiques

Luxury watchmakers from Richard Mille to Vacheron Constantin and Jaeger-LeCoultre now offer homelike spaces for deeper client connections.

Beyond sales appointments, luxury watchmakers are building deeper client relationships with new hospitality concepts. Photo: Handout
Pop Mart

Pop Mart balances boom and bust: can Labubu’s leap match Molly’s momentum?

As Labubu’s meteoric rise cools, Molly’s longevity highlights the challenge Pop Mart faces in turning hype into stable intellectual property.

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China consumption

China overhauls CPI basket, with never-before-seen unveiling of its composition

Beijing’s five-year recalibration aims to better reflect consumption, as policymakers shift weight away from food and housing.

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China's population

Glimmer of hope? Why China’s marriage uptick could spark 2026 birth rebound

Double-digit jump in registration rate, boosted by policy and cultural tradition, offers modest upturn, but demographers are wary of weak fertility intentions.

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A couple participates in a group wedding in August, in China’s Guangdong province. Photo: Getty Images
Hong Kong property

Exclusive | Box office bust? The show may be over for another Hong Kong cinema

IFC Mall is reportedly looking at the big picture as it explores potential tenants to replace upscale movie theatre Palace IFC.

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Palace IFC and other Hong Kong cinemas face a shrinking audience. Photo: Jonathan Wong
Hong Kong society

Hong Kong enterprise for needy unable to set up new shop after government error

Tender exercise cancelled after erroneous power supply details sent to bidders by Housing Authority, leaving Agape Garden in limbo.

Fashion

In conversation: Bohan Qiu and Ian Hylton on Chinese luxury fashion

Hylton is known for his eponymous label as well as his work on the brand Ms Min, while Qiu is the founder of Shanghai PR agency Boh Project.

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Fashion

Q&A | Thailand’s Gentlewoman: viral totes and Covid resilience

Discover how 3 Thai accountancy and finance graduates steered the fashion brand’s rapid rise using smart data-driven design and being nimble enough to adapt.

Gentlewoman’s viral tote bag. Photo: Handout
Hong Kong property

How Hong Kong’s headquarters economy fuels rebound in commercial property

The headquarters economy is powering office and retail recovery, with rising demand, stabilising rents and renewed investor confidence.

China’s private sector

China’s Year of the Horse shoppers let emotional satisfaction take the reins

Brand prestige fades in importance as consumers favour festival-themed toys, playful designs and pet items.

Consumers

How Chinese consumers’ changing demands are keeping KFC’s owner on its toes

Yum China CEO Joey Wat banks on fast-food firm’s flexible store format and cheaper products to attract more Chinese consumers.

Yum China CEO Joey Wat speaks during the company’s 2025 Investor Conference in Shenzhen. Photo: Handout
Fashion

Hong Kong’s indie fashion labels bloom at new Tsim Sha Tsui pop-up

Chance Encounters is a pop-up run by the brands YanYan, Aenrmous and Kinyan Lam that aims to elevate Hong Kong’s indie fashion scene.

YanYan Knits founders Phyllis Chan (left) and Suzzie Chung are pictured at Chance Encounters, a collaborative, evolving Hong Kong indie fashion pop-up in Tsim Sha Tsui. Photo: Jonathan Wong
Hong Kong healthcare and hospitals

Hong Kong recalls Aptamil baby milk formula batch over toxin contamination fears

Centre for Food Safety says a local retailer sold a small quantity of the formula batch suspected to contain cereulide.

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Hong Kong economy

Hong Kong’s retail sales edge up 1% in 2025 after 7.3% decline in 2024

Census and Statistics Department says retail sales for December worth HK$35 billion, and provisionally estimated at HK$380.5 billion for 2025.

China GDP

China’s financial powerhouse Shanghai aims for 5% growth, ‘global influence’

Chinese megacity ranks in the world’s five most powerful metros after New York, Tokyo and Los Angeles, with a GDP of 5.67 trillion yuan.

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People walk at the Bund by the Huangpu river with skyscrapers of the Lujiazui financial district in the background, in Shanghai. Photo: Reuters
Sweden

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

Meituan delivery riders gather during a break in a commercial district in Chongqing, China, on November 21, 2025. Photo: Getty Images
Pop Mart

Labubu toymaker Pop Mart picks London as European headquarters in overseas push

CEO Wang Ning reveals firm’s latest expansion plan at Friday’s closed-door meeting with UK Prime Minister Keir Starmer.

E-commerce

China slaps US$3.7 million fine on Kuaishou for live-streaming e-commerce breach

The penalty reflects a broader regulatory crackdown on content and operations deemed undesirable or harmful on Chinese online platforms.

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